The Global Cleantech Innovation Programme for SMEs in South Africa (GCIP-SA) is part of a global initiative aimed at promoting clean technology innovation and supporting entrepreneurs in growing their SMEs and start-ups into viable, investment-ready businesses. Following four years as a donor-funded project*, the GCIP-SA was fully integrated into the Technology Innovation Agency (TIA) in January 2018, and expanded to include innovators and entrepreneurs from the Biotechnology and Medical Devices sectors.
TIA’s mandate is to use South Africa’s science and technology base to develop new industries, create sustainable jobs and help diversify the economy away from commodity exports towards knowledge-based industries equipped to address modern global challenges. Focusing on technology development, from proof of concept to the pre-commercialisation, TIA established specific financial instruments, including the Seed Fund, the Technology Development Fund and the Commercialisation Support Fund. Non-financial support is also provided to existing and new technology projects within the TIA portfolio, in the areas of business and entrepreneur development.
GCIP-SA founding partners: United Nations Industrial Development Organization (UNIDO),TIA, and the Global Environment Facility (GEF).